With stocks threatening to collapse into the close, just after 3:30pm Trump’s trade advisor, and the alleged brain behind the Chinese trade war, emerged with some soothing words for stocks, saying that there are no plans to impose investment restrictions – even though Steven Mnuchin clearly said there are, and not just China but all countries – and that today’s market slide is an overreaction, clearly unable to grasp that for the US trade position to be taken seriously, the markets have to dump.

Here are the highlights:

NAVARRO SAYS NO PLANS TO IMPOSE INVESTMENT RESTRICTION

NAVARRO SAYS TODAY’S MARKET SLIDE IS AN OVERREACTION

NAVARRO: THERE’S MISUNDERSTANDING ABOUT TRUMP’S TRADE POLICY

NAVARRO: U.S. HAS THINGS TO WORK OUT WITH CHINA; TRUMP ISN’T SINGLING OUT CHINA